Bitget Resumes Bitcoin Withdrawals After $387.5 Million Crypto Heist
Exchange suspends and then restores withdrawals following suspected North Korean hacker breach
Key Takeaways
- Bitget resumed Bitcoin withdrawals after suspending them last week following a suspected breach.
- The incident involved the theft of over $350 million, with some reports citing $387.5 million.
- Suspected North Korean hackers are believed to be behind the breach.
- The exchange suspended withdrawals as a containment measure during the investigation.
- Users are advised to monitor accounts for suspicious activity following the incident.
Quick answers
- What happened?
- Bitget, a cryptocurrency exchange, has resumed Bitcoin withdrawals after suspending them last week amid reports of a suspected breach by North Korean hackers. The incident resulted in the theft of over $350 million, with some reports citing $387.5 million. The exchange had suspended withdrawals as a containment measure while investigating the intrusion.
- What should defenders do?
- Bitget users should enable all available security features, monitor accounts for suspicious activity, and follow official exchange communications. Exchanges should conduct thorough security audits, implement multi-layered access controls, and ensure rapid incident response capabilities.
Bitget has resumed Bitcoin withdrawals after suspending them last week following reports of a suspected breach by North Korean hackers. The exchange had halted withdrawals as a containment measure after detecting unauthorized access to its systems. According to reports, the suspected hackers stole over $350 million, with some figures citing $387.5 million, making this one of the larger cryptocurrency heists in recent history. The breach prompted the exchange to suspend all withdrawal functionality while security teams worked to contain the intrusion and assess the scope of the compromise. Bitget has not disclosed the specific technical method used by the attackers, but industry analysts have attributed the activity to suspected North Korean state-sponsored hacking groups. The resumption of withdrawals indicates that the exchange has likely addressed the immediate breach vectors, though security experts advise users to remain vigilant and monitor their accounts for any suspicious activity. The incident highlights the ongoing risks facing cryptocurrency exchanges and the need for robust security measures to protect user funds against sophisticated threat actors.
Security Details
Suspected North Korean hackers breached Bitget's exchange systems, resulting in the theft of over $350 million. Withdrawals were suspended as a containment measure and have since been resumed. The exact breach method and total stolen amount remain under investigation.
Mitigation
Bitget users should enable all available security features, monitor accounts for suspicious activity, and follow official exchange communications. Exchanges should conduct thorough security audits, implement multi-layered access controls, and ensure rapid incident response capabilities.
Sources
BleepingComputer
Bitget resumes Bitcoin withdrawals after $387.5 million crypto heist
Sep 28, 2026 · 09:25
Original link
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